Oxford Metrics profit rises 1.9% on higher motion capture system sales

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Software company Oxford Metrics posted a 1.9% rise in annual profit, driven by higher sales at motion capture system unit Vicom.

Pre-tax profit for the year through September rose to £4.7m, up from £4.6m on-year.

Revenue climbed 12% to £35.3m and adjusted profit grew 5.7% to £5.5m.

Oxford Metrics declared a full-year dividend of 1.80p, up 20% on-year.

Vicon recorded record sales for the fourth consecutive year, with headline revenue up 16%.

'This has been a year of real strategic progress - a year where the investments we have been making across the business are beginning to bear fruit,' chief executive Nick Bolton said.

'Cash generation remains strong, and our pipelines continue to grow, all of which gives the board confidence in our prospects for the year ahead and beyond.'